City surplus assets to be auctioned via Purple Wave
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Description
Festus staff recommends approving the sale of surplus City assets through Purple Wave, an online no-reserve auction service that has been used by the City for the past five years. The vendor charges all auction fees to buyers, and past auctions have generated over $218,000 in proceeds for City departments.
Contract Details
Vendor
PURPLE WAVE
Agency
City of Festus, MO
Contract Type
OTHER
Document Date
April 30, 2026
Contract Term
As-needed online auction services; City has used this vendor for the last five years
Renewal Info
Ongoing relationship for surplus asset auctions over the last five years; future use contingent on Council approval for each sale cycle.
More from PURPLE WAVE
More from City of Festus
City of Festus City Council Meeting Agenda April 30, 2026
City of Festus Council Tentative Agenda April 27 2026
City of Festus Council Tentative Agenda April 27 2026
City of Festus Council Tentative Agenda April 27 2026
City of Festus Council Tentative Agenda April 27 2026
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